if we do get to january 1st. everyone talks about the fiscal cliff but it really is more like a slope, maybe a green bunny slope for when you go skiing, you know. it's not necessarily even a blubl black diamond because the thinking is that if you get there, that's going to be the impetus that both sides need to sit down and get a deal and ultimately it's going to mean republicans voting for a tax cut because rates will have risen for the maitle class and top earners. >> rose: you sound like a steer. >> well i would like to have a ski vacation this winter but i'm not sure anyone will be able to get out on the town. >> rose: one other question and i'll talk about other things saw rounding the whitehouse and decisions the president has to make although his total focus is on this. ceos are coming to the whitehouse has they did today, influential ceos some who gave indications they were not voting for the president in the general election. are they having a different message for him than they had before? do they seem more inkleined to support him where he is on these important issues
because jack lou is a principal negotiator in the fiscal cliff talks. he was a negotiator back in the debt limit talks back in the summer of 2011 as well. this is one of the reasons why you might not see the president nominate the treasury secretary and name his economic team for some time maybe until even they get this fiscal cliff mess behind them because if they nominate jack lou that could tie him up for confirmation hearings and they don't want to risk that. >> rose: they have somebody say this to me when i was down in washington for the kennedy honors, if lyndon johnson was president he would have him what the whitehouse and he would lock the doors and say we're not going to left you out until you get a compromise. when the president hears that kind of talk, how does he respond? >> well i tried to push him on that in the interview. it's pretty striking that just the night before speaker boehner had been to the whitehouse for the annual christmas party. they didn't even exchange any pleasantries are, they didn't have a conversation. it shows you also how bad, the bad blood that s
hurricane sandy. further progress will be tested as the fiscal cliff deadline approaches without a deal inside yet. i'm very pleased to have jeff immelt back on this program. welcome >> charlie, thanks, good to be back with you. >> rose: we've talked many times about g.e. since you took over, i think once since -- just after 2001. where is the company today in terms of where do you want it to be and where do you want it to be in the next five years? >> i think, charlie, what we've tried to do is simplify the portfolio into infrastructure and financial services. we like where the portfolio is today. we think in the infrastructure space there's going to be roughly $4 trillion spent each year, so it's an attractive big market. globally is where our opportunities are so the company's -- probably a decade ago 30% of our revenues were outside the united states. now it's more like 60% or 65%. so we think we've got the portfolio we want. we've dramatically increased the amount of technology. and in the end i think technology and innovation are the competitive advantage. we've got a good global footprint. we're in 140 countries. and we've got these deep relationships with customers so i think it's portfolio, technology, customers and real innov
with president obama today about what they need to see in a fiscal cliff deal. we talk with delaware governor jack markell. >> susie: i'm susie gharib. a coalition of the nation's top c.e.o.s is feeling pessimistic about getting a fiscal cliff deal.
Fetching more results